American Silver Eagles are silver bullion coins that are minted annually by the US Mint. A limited quantity is produced each year, adding to their collectibility. Silver. The US Mint has been minting the American Silver Eagle 1 oz coin, since Like our bullion coins, such as the. The American Silver Eagle Coins, first released in , is revered as one of the finest coins in U.S. coinage history. The coins' original intent was to release an. The reverse contains the US seal, which is of a large eagle with several different representations. IRA approved, the American Silver Eagles can be purchased individually or by government-sealed monster boxes of coins. Other certification terms often used for bullion buy us silver eagle coins First Strike: PCGS term designates coins that have been certified within the first 30 days of production by the contributing mint. Why Choose Provident? The coin's weight and purity is also stamped on the reverse for authentication purposes.